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Stockchase Opinions

Ron MeiselsCorriente ResourcesCTQ.TOWAITDec 01, 2004

Has been in a narrow trading range of $3/4. If it has a breakout ($3.75) it should do well.
$3.60

Stock price when the opinion was issued

precious metals
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PAST TOP PICK
(A Top Pick April 30/09. Up 10.75%.) Sold his holdings as it was a target for a takeover bid.
SELL
Acquisition at $8.60 is in process with an extended expiry date to April 28/10. Probability of success is pretty high but if he owned, he would take the proceeds and redeploy it.
PAST TOP PICK
(Top Pick Sep 18/09, Up 30%) It got taken over.
PAST TOP PICK
(A Top Pick Feb 12/09. Up 82.8%.) Being acquired.
TOP PICK
Copper and gold. Recently ran to $8 and now has a descending “flag” and in 90% of the cases you have a new high. Would use a stoploss below $6 or even below $5.50.
HOLD
Has been for sale for 8 months. Generally in the market, slow news is bad news. Doesn't know if something is wrong here but all the other copper names have gone up more than this one.
SELL
(Market Call Minute.) This is supposed to be bought out at $8 by a Chinese company. Doesn't see a lot left on the table here.
DON'T BUY
Copper/gold operation in Ecuador. Currently in negotiation to sell the company and this could already be priced in. He finds this one risky.
DON'T BUY
Had a tremendous run and so he has no interest in it now. He wants companies that are out of favour. He looks to see that it is trading near the low end of the cycle.
TOP PICK
Ecuador. 5 months of talks. Take out price will be between 9 and 10 Canadian. Other copper stocks have gone up 100-200%. The relative valuation has changed. Rumored to be a Chinese company.
DON'T BUY
December press release announced in talks to be bought out. This may explain recent price increases. It’s getting rich.
DON'T BUY
Used to own but doesn't follow this company anymore. At this price he has no interest in it.
TOP PICK
Takeover candidate.Announced in December they were in exclusive negotiations with a 3rd party. Expecting it to be sold sometime in March. Solved most of their mining concerns in Ecuador.
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Copper/gold operation in Ecuador. Quality company and have a lot of cash. Some pressure from outside groups questioning mining, but expect local groups will prevail.